Standard Deduction For 2024 Tax Season

Standard Deduction For 2024 Tax Season. Standard deduction and personal exemption. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150.


Standard Deduction For 2024 Tax Season

Standard deduction limit for family pensioners hiked to rs 25,000 from rs 15,000. For single taxpayers and married individuals filing separately, the standard deduction rises to.

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